Efecto de la interacción entre la inversión extranjera directa y la inversión en investigación y desarrollo sobre el crecimiento económico de los países
The activities of Foreign Direct Investment (FDI) and Investment in Research and Development (R&D) generate economic growth each one separately. Is it possible that these two elements, when acting together, become a more powerful tool to generate economic growth? The effect of the interaction be...
- Autores:
-
Isaza De Larrañaga, Miguel
- Tipo de recurso:
- Fecha de publicación:
- 2020
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/50895
- Acceso en línea:
- http://hdl.handle.net/1992/50895
- Palabra clave:
- Inversiones extranjeras
Crecimiento económico
Datos panel
Economía
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
| Summary: | The activities of Foreign Direct Investment (FDI) and Investment in Research and Development (R&D) generate economic growth each one separately. Is it possible that these two elements, when acting together, become a more powerful tool to generate economic growth? The effect of the interaction between FDI and R&D investment on the rate of economic growth is identified through the study of fixed-effect panel data for 51 nations from 1996 to 2018. The results of the exercise show that the joint action of FDI and R&D has a positive effect on the countries' economic growth. However, there is no conclusive evidence that the effect of the interaction is more powerful than that of the variables separately. -- |
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